Receiving a letter from the IRS is never pleasant, but ignoring these letters can lead to serious consequences. Whether the letter is a simple notice or a formal demand for payment, failing to respond can escalate your tax issues quickly. At Sound Tax Resolution LLC, we’ve seen firsthand how unresolved…
If you’re struggling with tax debt and searching for relief, you’re not alone. Millions of Americans face the same challenge every year. Unfortunately, the stress and urgency of resolving tax debt often make people vulnerable to tax relief scams. These scams can cost you thousands of dollars and leave your…
Understanding Your IRS Negotiation Options If you’ve ever tried reaching the IRS by phone, you’re familiar with the seemingly endless wait times and multiple transfers that often lead to frustration. Now, imagine trying to negotiate your tax debt under these conditions-without a clear understanding of your options. The process can…
Why Did You Receive that 1099-K Form From the IRS? It’s 2023 and we are now in the last stages of the Form 1040 filing season (for 2022). This may be a good time to become familiar with what to expect for next year’s filing season. You may receive an…
Good News – Coronavirus Tax Delay! Many of us (and I include myself) are now working from remote locations which are primarily our homes / home offices. This is impacting our businesses significantly. There are many other that may not have a job today, or may not in the near…
Our new SnoCo location… Well, the cat’s out of the bag. We’ve been absent from Everett for a few weeks, and we’ve finally settled on our new SnoCo location (i.e. Snohomish County). It will take us some time to get the place fully ready for our clients – but, I…
The answer is US nonresident tax can easily kick in under the estate tax. And its pretty easy to end up owing the US government an estate tax if you pass away owning US assets (and you are not a US citizen). US Nonresident Tax and the Estate Tax Basically,…
Tax Refund Deadline (and the 2018 filing deadline) Quickly Approaching If you are anything like me, you are probably thinking that this year is moving along really fast! Looking at the calendar, we are only about a week away from the April 15th tax filing deadline. If you are like…
Hi – It’s Mark Nusz. I ‘m here to discuss taxes with you once again, with another episode of Tax… and other necessary things. Today, I’ll focus on what happens if you don’t file your tax return? I want to preface my comments by stressing that you should file your…
File your Tax Return! Today I want to talk a little about the importance of filing a tax return vs. paying your taxes. In my job as a tax attorney working with folks that have various disputes with the IRS, I run into many misconceptions related to whether you should…
Filing your 2018 Tax Return This is Mark Nusz at Westward LAW and we will be discussing filing your 2018 tax return. The IRS is open! I do a lot of work with the IRS representing taxpayers. They are just opening up their call centers after this lengthy shut-down. I…
Tax 101: and other necessary things Hello! Welcome to the very first episode of Tax 101: and other necessary things… I am Mark Nusz, a tax attorney, and your host today. As the name implies, we will be talking about all manner of necessary things… mostly tax. I picked this…
It is not uncommon for folks that have had past financial problems to also owe back taxes to the government. When we get into a bind financially, sometimes we can’t afford to pay the taxes when due. This comes up most often when someone is self-employed or an independent contractor.…
Business Tax in the State of Washington Make sure you keep good books and records for your business. See WAC 458-20-254(3)(b) and RCW 82.32.070 For instance, if you make sales within Washington and also make substantial sales outside Washington, you will want to be able to demonstrate this with the…
